India's Lenskart Solutions gains on quarterly revenue growth

Lenskart Solutions

21/05/2026 05:01

** Shares of India's Lenskart Solutions LENS.NS jump as much as 6.2% to 517 rupees; last up 1.7%

** Eyewear retailer's Q4 consol revenue from ops jumped 45.6% y/y, led by domestic and international revenue growth

** Net profit fell 8.5%, hurt by a rise in expenses

** Total expenses rose 34% y/y

** EBITDA margins expanded to 21.3% from 18.6% a year earlier

** Jefferies ("buy", PT: 492.70 rupees) raises EBITDA estimates for FY27-FY28 by 7%-11%

** Adds co's AI-led initiatives could drive faster growth, profitability

** Goldman Sachs sees sustained earnings upgrades as growth momentum, margin gains continue

** LENS rated "buy" on average by 7 analysts, median PT: 565 rupees - LSEG data

** YTD, stock up ~12%

($1 = 96.8200 Indian rupees)

 (Reporting by Bipasha Dey in Bengaluru)

 ((Bipasha.Dey@thomsonreuters.com;))